Watch: Kevin Warsh says "broad contours" of U.S. economy "are improving"
Summary
Kevin Warsh, President Donald Trump's nominee for chairman of the Federal Reserve, said that the overall outlook of the U.S. economy is getting better. He mentioned this improvement despite the fact that job growth remains slow.Key Facts
- Kevin Warsh is nominated by President Donald Trump to be Federal Reserve chairman.
- Warsh stated that the broad outlook of the U.S. economy is improving.
- He made these comments during an interview featured by CBS News.
- The improvement is seen even though there is low job growth in the economy.
- The Federal Reserve is the U.S. central bank responsible for monetary policy.
- Warsh's views suggest optimism about future economic potential.
- Job growth refers to how many new jobs are created in the economy over time.
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